ADF Group Inc T.DRX

Alternate Symbol(s): ADFJF

Steel Steel

ADF Group Inc. is a Canada-based company. The Company is engaged in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel-built ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. Its products and services are intended for the five principal segments of the non-residential construction industry: office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructure. The Company operates two fabrication plants and two paint shops, in Canada and in the United States, and a Construction Division in the United States, which specializes in the installation of steel structures and other related products. It has the capacity to manufacture approximately 125,000 tons of structural steel annually.

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ADF Group Inc > IN MY OPINION

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Comment by RyanLnon Jun 14, 2024 8:09am

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Post# 36088718

RE:IN MY OPINION

Unhinged and emotional is a recipe for failure. I would have voted in favor of the sale, but I would have preferred an NCIB. Assuming they are right about the long business runway, buying back a few million shares at a significant discount to intrinsic value is shareholder friendly.

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